NextEra Energy (NEE) director receives 47 phantom stock units in plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NextEra Energy director Nicole S. Arnaboldi reported an acquisition of 47 Phantom Stock Units on common stock, valued using a price of $92.82 per share. These units are credited under the company’s Deferred Compensation Plan and are unfunded, theoretical units tied to a stock and cash fund.
The Phantom Stock Units approximate shares of common stock but are payable in cash at the end of the deferral period rather than in actual shares. Following this grant, Arnaboldi’s account reflects a total of 7,611 Phantom Stock Units directly attributed to her under the plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Arnaboldi Nicole S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 47 | $92.82 | $4K |
Holdings After Transaction:
Phantom Stock Units — 7,611 shares (Direct)
Footnotes (1)
- Phantom Stock Units approximate the number of phantom shares of the Issuer's common stock attributable to phantom units credited to the reporting person's account under the NextEra Energy, Inc. Deferred Compensation Plan (the "Plan"). Amounts deferred under the Plan, including amounts attributable to reinvested dividends, are deemed to be invested in a number of unfunded theoretical units equal to the number of units which would have been credited if the deferred amounts had been invested in the Issuer's company stock fund in its Retirement Savings Plan (the "Stock Fund"). The Stock Fund is accounted for in units of a unitized pool of stock and cash. Phantom Stock Units are estimated based on the number of theoretical units credited to the reporting person. Accounts are payable in cash at the end of the deferral period. Closing price of Issuer's common stock on NYSE on the relevant date (price used to value units in the Stock Fund). Differences in holdings between any given dates may result from varying percentages of cash and stock held in the Stock Fund on those dates.
FAQ
What did Nicole S. Arnaboldi report in the latest NextEra Energy (NEE) Form 4?
Nicole S. Arnaboldi reported receiving a grant of 47 Phantom Stock Units tied to NextEra Energy common stock. The units were valued using a share price of $92.82 and are part of the company’s Deferred Compensation Plan, increasing her total phantom units to 7,611.
How is the value of Nicole S. Arnaboldi’s Phantom Stock Units in NextEra Energy (NEE) determined?
The value of the Phantom Stock Units is based on the closing price of NextEra Energy common stock on the NYSE on the relevant date. That price, $92.82 per share for this transaction, is used to value units in the company’s stock fund within the Deferred Compensation Plan.
How many Phantom Stock Units does Nicole S. Arnaboldi hold after this NextEra Energy (NEE) Form 4 transaction?
After this transaction, Nicole S. Arnaboldi holds 7,611 Phantom Stock Units under the Deferred Compensation Plan. This total reflects the newly credited 47 units plus prior units, all representing theoretical interests in a unitized pool of NextEra Energy stock and cash.
Does the Form 4 for Nicole S. Arnaboldi involve open-market trading of NextEra Energy (NEE) stock?
The Form 4 reflects a grant of Phantom Stock Units under a Deferred Compensation Plan, not an open-market trade. These units are credited to her plan account and are ultimately payable in cash, rather than involving direct purchases or sales of NextEra Energy common shares.